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20130103
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, raise the price of burning fossil fuels, that would help direct private money into renewable energy, help put people back to work. in the face of this crisis, we have to think seriously and creatively about the role of government. >> all of that and more coming up. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. president obama is expected to sign the bill to deter the brunt of tax hikes and spending cuts known as the fiscal cliff that took effect at midnight yesterday. the compromise bill passed by the house late tuesday makes bush tax cuts permanent for about 99% of households. it allows tax increases of about 5% only on incomes above $400,000 for individuals or $450,000 for couples. the deal extends unemployment benefits, renews tax credits geared toward low-income families, and delays automatic cuts for military and other spending for two months. president obama compromised on the tax issue after initially backing increases on family incomes of more than $250,000. speaking tuesday at the white house, obama claimed the deal is a victory. >>
Search Results 0 to 2 of about 3 (some duplicates have been removed)

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